Brazil’s Real Falls Due to Weakening Economy
In addition to the Petrobras corruption scandal, Brazil is facing other economic woes which have affected its currency.
March 2, 2015Topic
Central Bank
Brazil Registers Record Deficit in Current Accounts
Brazil’s current accounts in 2014 registered a record deficit of US$90.948 billion, according to data released by Brazil’s Central Bank...
January 26, 2015
Analysts Forecast Higher Inflation in Brazil for 2015
For the third consecutive time financial analysts, surveyed for Brazilian Central Bank’s Focus Bulletin, have increased their forecast for inflation...
January 19, 2015
Brazil to End 2014 With Disappointing Economic Growth
The latest GDP forecast by the Central Bank reveals the lowest economic growth for the country since 2009.
December 23, 2014
Brazil Reduces Economic Growth Forecast for 2015
With the 0.8 percent increase in the country’s GDP, the primary surplus for next year should total R$ 66.3 billion.
December 5, 2014
Brazil Announces New Finance Minister and Economic Team
Nominations are seen as a way to gain back investor confidence and restore Brazil’s economic credibility.
November 28, 2014
Brazil Forecasts Lower GDP Growth, Increased Inflation
According to officials due to the deteriorating international scenario economic growth forecasts for 2014 and 2015 have been revised.
November 24, 2014
Brazil’s Central Bank Increases Interest Rate
In an unexpected move the Monetary Policy Committee increases the Selic to its highest rate since 2011.
October 30, 2014
In Brazil Inflation Up and Economic Growth Down
Financial analysts and IMF decrease the country's economic growth estimates while drought leads to higher meat prices and inflation.
October 9, 2014